I see a Kobra on Ebay, described as an AC Cobra! Make AC in the description. Th text does say it's based on BMW Z3, and a check online confirms it is still registered as a Z3. Hmm.....
The DVLA site also informs us it had to have the side repeaters corrected plus a few advisories at the MOT in March'17.
Myself, I think Kobras look much better without any chrome on the front.